GCash ‘Scan to Pay’ Feature Now at The SM Store Nationwide

Public Company Information:

GCash mobile wallet service has announced that its scan to pay
feature is now available at all SM Stores nationwide and at
information booths of SM malls.

This development makes it more convenient for customers to do their
shopping, especially this holiday season as shoppers can already
easily pay for their purchases without the need to bring cash.

Using GCash scan to pay method is like a walk in the park. A
customer with a smartphone only needs to either download or update to
the latest version of the GCash App, create an account and fund the
GCash wallet through cash-in centers located across the country. Once
done, the customer just has to tap on Scan QR and point the phone’s
camera at the item’s QR code to pay.

The SM Store is the latest addition in a growing list of merchants
which have embraced the GCash App scan to pay feature. Among the early
adopters are Mercato Centrale in Bonifacio Global City and Ayala
Malls, particularly Glorietta.

Anthony Thomas, President and Chief Executive Officer of Mynt, the
financial technology company owned by Globe Telecom, Ant Financial,
and Ayala Corp., said they have already begun the rollout of the QR
code acceptance.

“We’re not installing a device but just a sticker with a QR code.
The customer simply scans that sticker so no need for additional
machines for transactions and there’s no cost to the machine but more
benefits to the merchants. Cash is still convenient but there’s also
the issue of security and handling. With GCash scan to pay feature,
we’re bringing that down to the level where merchants can adapt,”
Thomas explained.

With the addition of The SM Store, the use of the GCash scan to pay
feature continues to gain support among the top malls and merchants in
the country.

Other well-known merchants currently using the feature are the Max’s
Group of restaurants, apparel brand Bench, and international brands
specialty retailer Stores Specialists, Inc. (SSI). Smaller sellers
located at celebrity bazaar destination Noel Bazaar and in Mercato
have also adopted this new cashless payment option.

Over the next few months, GCash will continue to aggressively roll
out the use of the scan to pay feature in other locations nationwide
to encourage more people to use it and enjoy its benefits.